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Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

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Skip Navigation LinksHome :: Markets/asset classes :: Asia :: China to intensify screening of foreign investments.

Wednesday, July 23, 2008

China to intensify screening of foreign investments.





China to intensify screening of foreign investments. According to news agency Xinhua , the National Development and Reform Commission (NDRC) stated last Friday that China intended to further enhance its scrutiny of foreign direct investments and foreign exchange inflows. The move is intended to improve the country's economic security, protect the environment and discourage industrial monopolies. China's cumulative foreign exchange reserves increased by 35.73% y/y to USD 1.809tn at the end of June. Foreign direct investment (FDI) inflows increased by 45.6% y/y to USD 52.4bn in H1.







Us intermediaries – we are like US army reservists that didn’t expect to end up in Iraq. We just thought we could have good time flipping assets. We didn’t expect to end up owning the risk!

Get the feeling it’s war out there?

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